The close: Financial, industrial stocks help TSX finish higher [Toronto Globe and Mail (Ontario, Canada)]
Toronto Dominion Bank (The) (TD)
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Source: Toronto Globe and Mail
The close: Financial, industrial stocks help TSX finish higher As global stocks edged lower, Canada’s main stock index enjoyed an afternoon rally on Friday. The Toronto Stock Exchange’s S&P/TSX composite index closed unofficially up 62.65 points, or .39 per cent, at 16,31.91. Financial stocks finished .5 per cent higher. Toronto-Dominion Bank and Great-West Lifeco Inc. were up 1 per cent, while Manulife Financial Corp. and Sun Life Financial Inc. rose .9 per cent and .8 per cent higher, respectively. Story continues below advertisement The industrial sector increased .8 per cent with Westshore Terminals Investment Corp. up 2.9 per cent and Ritchie Bros Auctioneers Inc. rising 2.4 per cent. The energy sector dropped .4 per cent, while the materials sector, which includes precious and base metals miners and fertilizer companies, added .5 per cent as gold prices hit their highest since April last year. A fall in marijuana stocks led a .8-per-cent decline in the health care sector. Cronos
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